How to Bid or Make an Offer on Real and Personal Property
When you are in the market for real or personal property hop online and begin your search. You find just what you are looking for on this website. You click the information and as you read the terms and conditions you see these words: “Bid or Make an Offer”. Yet you do not know how to bid or make an offer on real and personal property. Let us explain how you bid or make an offer on real estate, home, land, luxury property, ranches, farms or acreage. As well as how to bid or make an offer on personal property
such as watches,
or sports cars
or jewelry.
How to Bid or Make an Offer? What’s the Difference?
To begin with, let’s make sure you understand what is the difference in the term bid or make an offer? The terms are similar, having the same effect. A person making an offer is essentially making a bid for the property they wish to buy. Similar words include, submit, propose, proffer, put up, tender and advance.
Where and how to bid or make an offer?
Chiefly someone that bids is making an offer. If you wish to buy a listed property, make it easy and offer a bid. The advance (money bid) is the price you are willing to pay. You submit your bid in several ways, the easiest way is the interactive online web-based bidding system. ( MyersJackson.bid ) The terms are set, so all you have to do is make the offer and bid. Offers may be made online. Additionally offers may be made in writing, verbally, or electronically. An offer may be analyzed for confirmation.
My Realtor may ask you how to bid or make an offer, can they do that?
Indeed the answer is yes. As a Real Estate Broker, Myers Jackson cooperates with duly licensed brokers and agents to take bids on the property that is for sale. REALTORS and non-REALTORS alike may make an offer. That means if you do not have a Real Estate License you can still bid and make the offer. The law requires all licensed professionals to publish the disclosures of representation (click here for Information About Brokerage Services)
When I bid or make an offer is the bid automatically accepted?
No, the seller, in most cases, has the right of confirmation. This means a seller may accept or reject the bid. If the seller does not accept the bid, additional offers may be made until the seller agrees with the price. In some cases, an Auction may be Absolute but not in all cases.
When I bid or make an offer, can I change the terms of the sale?
Always read the terms and conditions of sale prior to making the offer. There may be conditions already set, such as close by date, buyer’s premium, and who pays taxes or other fees. General Terms and Conditions are published and, in most cases, special terms and conditions may affect the sale.
Ask Myers Jackson to bid or make an offer, and he will say!
Indeed, either one, “I say Bidding most of the time, but of course I say make an offer” Myers Jackson is a real estate broker and auctioneer. Licensed in over a dozen states. His Bio speaks of his accomplishments and qualifications. Contact Myers Jackson, click here and send a direct message.
License Disclosures
Additionally, “Myers Jackson” is licensed as a Real Estate Broker: AL, FL, GA, MS, NY, OK, NM, KY, TN, PA, KS, CO, NC. Myers Jackson Licensed Texas Real Estate Broker 0698695. Myers Jackson Licensed Auctioneer: Florida AB3428-AU2726, Georgia AU003046, Mississippi, 1302-1303F, Louisiana AU1805, South Carolina AU4313, Ohio 2012000042, Indiana 11200062, Pennsylvania AU5771, Virginia AU004173, Texas TDLR 17057, Kentucky 255878, Tennessee AU6617, North Carolina 9339-9331. Auctioneer License Disclosures may be found on Individual pages within the website.